Financials

Estimates*

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Revenues, earnings & profits over time
EUR202120222023
Revenues<1m<1m1.6m
% growth-130 %67 %
EBITDA(4.1m)--
% EBITDA margin(978 %)--
Profit(4.1m)--
% profit margin(993 %)--
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DateInvestorsAmountRound
*

€103m

Valuation: €298m

Series A
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€209m

Valuation: €1.5b

Series B
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€450m

Series C
Total Funding€762m

Recent News about Helsing

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More about Helsinginfo icon
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Helsing.ai is a pioneering startup in the field of defence artificial intelligence (AI). The company operates with the conviction that AI and software are instrumental in safeguarding democratic societies. Helsing.ai's mission is to achieve technological leadership to ensure that democratic societies can make independent decisions and uphold their ethical standards.

The company operates in the defence sector, serving clients such as governments and industry partners. Their business model involves partnering with these entities to integrate advanced AI into existing and new hardware platforms. This approach enhances the effectiveness of defence forces, providing a robust shield against external threats to democracies.

Helsing.ai's revenue generation strategy is primarily based on commissioned projects. For instance, they have been commissioned to provide the AI backbone in the Future Combat Air System (FCAS), and their AI technology has been selected for the Eurofighter upgrade. The company recently raised €209 million in a Series B funding round, indicating strong investor confidence in its mission and capabilities.

In summary, Helsing.ai is a defence AI company that partners with governments and industries to enhance defence capabilities through advanced AI. They generate revenue through commissioned projects and have demonstrated significant growth potential, as evidenced by their successful funding rounds.

Keywords: Defence AI, Technological Leadership, Democratic Societies, Ethical Standards, Software-First Approach, Government Partnerships, Industry Partnerships, Commissioned Projects, Eurofighter Upgrade, Series B Funding.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.